West Red Lake Gold Mines Inc (fka WRLG)

[Rocketred]

West Red Lake drills 1.5 m of 69.55 g/t Au at West Red

2016-03-15 08:35 ET - News Release
Shares issued 82,624,248
RLG Close 2016-03-14 C$ 0.12


Mr. John Kontak reports

WEST RED LAKE GOLD DRILLS 69.55 GRAMS GOLD OVER 1.50 METRES

West Red Lake Gold Mines Inc. has released exploration results on the 3,100-hectare West Red Lake project. The exploration program focused on tracing the geology to the east towards the area of the intersection of two regional gold bearing structures (the "Structural Intersection") situated east of the Rowan Mine zones. The best result was 69.55 grams per ton of gold over 1.5 metres from the most easterly drill hole of the exploration program.

The Company drilled six holes totalling 1767m to better define the 500m portion of the east-west trending regional structure located between the Rowan Mine zones and the Structural Intersection alteration package. Drilling moved progressively east towards the Structural Intersection target area. The first five holes intercepted gold values in the steeply dipping regional deformation structure. The sixth and most easterly hole (RLG 15-24) provided the best result of 69.55gpt over 1.5m and was drilled into the western end of the alteration associated with the Structural Intersection. The intercept was at 297.0m - 298.5m down the hole which was drilled to the north at a -45 degree dip. The sixth hole showed significantly increased thickness of silicification within the mafic host rock along with increased thickness of ultramafics, sediments (including iron formation), and porphyry rocks.

The Structural Intersection of the two regional structures is interpreted to have altered a portion of the east-west trending regional structure over a distance of up to 1500m with hole RLG 15-24 situated at the western end, and the Red Summit Mine located near the eastern end of this 1500m long favourable exploration horizon.

The exploration horizon begins at hole RLG 15-24 and continues east for 450m to the edge of the Structural Intersection. The Structural Intersection itself is approximately 300m wide. A significant volume of porphyry rock is present on the east side of the Structural Intersection where the east-west regional structure continues and trends east for an additional 750m towards the Red Summit Mine.

The Structural Intersection of the two regional structures containing ultramafics as well as iron rich sediments and volcanics creates the potential for significant gold deposition in the geological folds and fractures which typically occur in association with the intersection of geological structures, similar to gold mineralization seen at productive mines in Red Lake.

The six holes RLG 15-19, 20, 21, 22, 23 and 24 were drilled to the north into the east-west trending regional structure known as the Pipestone Bay - St Paul Deformation Zone (the "PBS Zone"). The initial five holes traced the structure eastwards towards where the north-east trending Golden Arm Structure intersects with the PBS Zone - the Structural Intersection. The sixth hole RLG 15-24 was drilled into the western end of the alteration associated with the Structural Intersection.

Hole RLG 15-24 intersected intercalated volcanic rock units consisting of argillaceous graphites, feldspar porphyries and QFP along with cherty banded iron formations carrying sulphides. Silicification or quartz veining with gold values occurred close to lithological contacts.

In addition to the high grade intercept grading 69.55gpt over 1.5m at 297m to 298.5m down hole, there are three additional zones with widths of 2.8m, 1.2m and 2.5m between 230m and 248m down hole RLG 15-24 (see Diamond Drill Hole Table).

The three former producing mines on the West Red Lake Project property are situated on the east-west trending PBS Zone, a regional geological structure which crosses the Company property and then continues east to the town of Red Lake. The regional scale Golden Arm Structure crosses onto the West Red Lake Project from the south boundary and trends northeast for 2km to where it intersects with the PBS Zone. The intersection of the two regional scale geological structures forms the Structural Intersection exploration target which is situated approximately 1.7km east of the Rowan Mine Shaft.

The technical information presented in this news release has been reviewed and approved by Ken Guy, P.Geo., a consultant to West Red Lake Gold and the Qualified Person responsible for the exploration at the West Red Lake Project property, as defined by National Instrument 43-101 "Standards of Disclosure for Mineral Projects".

West Red Lake Project - Rowan Mine Property - 2015 Diamond Drill Hole Table
Hole # UTM EastingUTM NorthingeledipAz Length (m)from (m)to (m)Length (m)Au-gpt
RLG-15-19422,304 5,657,948 372-45360300 111.0 112.0 1.0 1.24
RLG-15-20422,304 5,657,948 372-60360261 221.3 223.0 1.7 0.77
RLG-15-21422,346 5,657,951 372-45360180 124.5 126.0 1.5 1.19
RLG-15-22422,451 5,657,915 372-45360327 163.0 164.0 1.0 0.61
RLG-15-23422,550 5,657,862 372-45360375 246.0 247.0 1.0 1.44
RLG-15-24422,699 5,657,821 372-45360324 165.0 165.5 0.5 2.56
230.2 233.0 2.8 1.30
237.0 238.2 1.2 3.38
245.4 247.9 2.5 1.51
297.0 298.5 1.5 69.55
Six Holes 1767m


Intervals reported here are core lengths. True widths are not known at this time.
All depths are reported as down hole.




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